Senior housing bondholder beats outside lender to finance bankrupt assisted living provider … Arkansas to study higher Medicaid funding for assisted living operators … Atlas Senior Living forms affiliate...
Kentucky SNFs expect to lose at least 11% of workforce due to vaccine mandate
By
Amy Novotney
Sep 07, 2021
Leaders from Kentucky’s long-term care industry implored state lawmakers Thursday to provide more support for its bruised and battered workforce.
Pace of nonprofit senior living sponsorship transition activity in 2021 has accelerated: Ziegler
By
Amy Novotney
Sep 07, 2021
Approximately 630 nonprofit, market-rate senior living communities have changed hands since 2015, according to an analysis released last week by specialty investment bank Ziegler.
Actions & Transactions, Sept. 7
By
Amy Novotney
Sep 07, 2021
Strawberry Fields REIT spends $80M to acquire six SNFs in Kentucky and Tennessee … Cambridge provides $14M HUD loan to refinance Chicago SNF Alden Estates of Northmoor … Construction now complete on...
Assisted, independent living move-in rates reached record post-pandemic highs in June: NIC
By
Amy Novotney
Sep 07, 2021
Move-ins outpaced move-outs in all three senior living segments — independent living, assisted living, and memory care — for four consecutive months from March through June of this year, showing continued...
Business briefs, Sept. 3
By
Amy Novotney
Sep 03, 2021
Planning for LTC should be boomers’ No. 1 savings goal … Turning cameras off during virtual meetings can reduce fatigue: study … RMF lowers minimum age to 55 for its proprietary reverse mortgages...
Brightview Senior Living only senior living provider named to the 2021 People Companies that Care list
By
Amy Novotney
Sep 03, 2021
For the first time, Brightview Senior Living has been named one of the 2021 People Companies that Care. The award program, conducted by Great Place to Work and People magazine, honors the top companies...
Actions & Transactions, Sept. 3
By
Amy Novotney
Sep 03, 2021
Ziegler closes $154M in financing for Portland, OR CCRC Terwilliger Plaza … ESI arranges $24M sale of New Jersey SNF … SLIB facilitates $15.5M sale of HOLI Senior Living in Hillsboro, OR … Cambridge...
Pegasus Senior Living joins growing list of senior housing operators to mandate COVID-19 vaccines for...
By
Amy Novotney
Sep 03, 2021
Dallas-based Pegasus Senior Living this week joined a growing list of senior living providers requiring that staff members be vaccinated against COVID-19. The firm announced Monday that all employees must...
Letting go of the ‘senior’ in seniors housing
By
Amy Novotney
Sep 03, 2021
As with almost every other aspect of society, baby boomers seem destined to transform the business of aging. As a result, the senior housing industry is likely to see the boomers force a redesign, as several...